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Saab Secures EUR 3.1 Billion Contract with Colombia for Gripen Fighter Jets

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Saab Secures EUR 3.1 Billion Contract with Colombia for Gripen Fighter Jets

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Saab AB ( ($SE:SAAB.B) ) has shared an announcement.

Saab has secured a EUR 3.1 billion contract with the Colombian Government to supply 17 Gripen E/F fighter aircraft, with deliveries scheduled from 2026 to 2032. This deal includes a comprehensive industrial cooperation package aimed at benefiting Colombia in various sectors, marking the start of a significant partnership to enhance Colombia’s defence capabilities and innovation potential.

The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK400.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.

More about Saab AB

Saab is a leading defence and security company headquartered in Sweden, dedicated to enhancing national safety through advanced technology. With a workforce of 26,000, Saab specializes in aeronautics, weapons, command and control, sensors, and underwater systems, and is integral to the defence capabilities of several nations worldwide.

Average Trading Volume: 2,383,579

Technical Sentiment Signal: Buy

Current Market Cap: SEK280.4B

For a thorough assessment of SAAB.B stock, go to TipRanks’ Stock Analysis page.

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